NYU Professor Emeritus and Geometric Intelligence founder Gary Marcus ...
Synopsis by Bloomberg May 17 23
NYU Professor Emeritus and Geometric Intelligence founder Gary Marcus joins Ed Ludlow to discuss his testimony in front of Congress alongside OpenAI CEO Sam ...Read full article
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| Last Updated | May 17 23 |
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Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
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Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
Paid articlePaid Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
bloomberg.com/news/articles/2024-04-19/biden-trade-chief-sees-conclusion-of-china-tariff-review-soon
Paid articlePaid Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
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Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
trib.al/uJmLexO
Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Marijuana Stocks Gain Momentum on Cannabis Reform Hopes: Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major ...
bloomberg.com/news/articles/2024-04-19/marijuana-stocks-gain-momentum-as-cannabis-reform-hopes-linger
Paid articlePaid TDR Capital Nears Deal to Buy Billionaire’s Stake in UK’s Asda: TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as ...
bloomberg.com/news/articles/2024-04-19/tdr-capital-nears-deal-to-buy-billionaire-s-stake-in-uk-s-asda
Paid articlePaid Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Hudson Bay Closes $800 Million Fund to Bet on Special Situations: Hudson Bay Capital Management has raised over $800 million to invest in so-called special ...
bloomberg.com/news/articles/2024-04-19/hudson-bay-closes-800-million-fund-to-bet-on-special-situations
Paid articlePaid Bond Funds Dangling 5% Yields Lure Cash Back to Active Managers: Bond powerhouses including Pacific Investment Management Co., BlackRock Inc ...
bloomberg.com/news/articles/2024-04-19/bond-funds-dangling-5-yields-lure-cash-back-to-active-managers
Paid articlePaid African Critical Minerals Output Could Reach $2 Trillion by 2050: Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy ...
bloomberg.com/news/articles/2024-04-19/african-critical-minerals-output-could-reach-2-trillion-by-2050
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'Has to come to an end': GOP lawmaker accuses Marjorie Taylor Greene of holding Congress hostage
usatoday.com/story/news/politics/2024/04/18/marjorie-taylor-greene-congress-hostage/73370258007/
Quick Glance: Ukraine, Israel Aid Bill Advances in House
- The House has advanced a foreign aid package of $95 billion for Ukraine, Israel, Taiwan, and humanitarian support with rare bipartisan support.
- Speaker Mike Johnson implemented a strategy to secure support for wartime funding, especially for Ukraine in its battle against Russia.
- President Joe Biden and even Republican presumptive presidential nominee Donald Trump have endorsed the speaker's efforts.
- To pass each bill, complex bipartisan coalitions need to be formed by Johnson due to his slim Republican majority in the House, relying on Democratic support.
Israel-Iran: Another Mideast Shock for Markets: The revenge cycle shows no sign of letting up. Now, Tehran will weigh the level of escalation.
bloomberg.com/opinion/articles/2024-04-19/israel-iran-another-mideast-shock-for-markets
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Marjorie Taylor Greene mocked by fellow lawmaker's extreme Ukraine aid bill amendments
kyivindependent.com/marjorie-taylor-greene/
Quick Glance: GOP Congresswoman Propagates Russian Narratives Against Ukraine Aid
- Republican Congresswoman Marjorie Taylor Greene introduced amendments to the latest bill on aid to Ukraine, echoing Russian propaganda narratives about "biolabs in Ukraine" and "persecution of Christians in Ukraine."
- Greene proposed halting funding for Ukraine's aid until free and fair elections are held, persecution of Christians stops, and all biolabs in Ukraine are closed.
- The allegation of secret "biolabs" in Ukraine is a long-standing Russian propaganda conspiracy theory, also picked up by Chinese disinformation networks according to the EU East Stratcom Task Force.
- House Speaker Mike Johnson announced determination to advance the foreign aid bill on April 20, despite opposition from GOP hardliners who have blocked progress for over six months.
Oil Poses More Risks for Yen (JPY USD) as Japan Depends on Energy Imports: As if the yen doesn’t have enough reasons to weaken, risks are emerging that higher ...
bloomberg.com/news/articles/2024-04-19/oil-poses-more-risks-for-yen-as-japan-depends-on-energy-imports
Ukrainians Wait, Nervously, to See if U.S. Will Provide Critical Aid: From the battlefield to battered cities, soldiers and civilians are counting on Congress to ...
nytimes.com/2024/04/19/world/europe/ukraine-aid-congress.html
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
Paid articlePaid Ukraine Aid Bill Clears Critical Hurdle in the House as Democrats Supply the Votes
nytimes.com/2024/04/19/us/politics/congress-vote-ukraine-bill-house.html
Stock Market Today: Dow, S&P Live Updates for April 19: Asian stocks dropped after US shares and Treasuries extended this month’s selloff following solid ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Moody’s Reduces Outlooks on Direct Lending Funds Managed by BlackRock, Oaktree: Moody’s Ratings this week gave private credit investors greater reason for ...
bloomberg.com/news/articles/2024-04-18/three-private-credit-funds-get-moody-s-warning-on-problem-loans
Will US Congress pass long-awaited Ukraine aid bill?: A huge $61bn support package that could help reshape Kyiv's war effort will go to a vote in coming days.
bbc.com/news/world-us-canada-68848277
IMF Financial Stability Report: Basis-Trade Section Calls Out Funds’ Bond Wagers: A small group of funds has accumulated such large short wagers in the Treasury ...
bloomberg.com/news/articles/2024-04-18/huge-bond-wagers-make-some-hedge-funds-too-big-to-fail-imf-says
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Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho: The new fab to be built near Syracuse, N.Y., could create 50,000 jobs ...
barrons.com/articles/micron-technology-chips-act-funding-3d683fec
Paid articlePaid Why so Many People Seem to Be Taking Adderall These Days: The forces behind this booming drug use.
bloomberg.com/news/articles/2024-04-18/why-so-many-people-seem-to-be-taking-adderall-these-days
Paid articlePaid US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
bloomberg.com/news/articles/2024-04-18/us-imposes-fresh-sanctions-on-iran-over-israel-drone-barrage
Paid articlePaidQuick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
US Congress moves ahead on bill to push TikTok's Chinese owner to sell: An effort to force TikTok's Chinese owner, ByteDance, to sell the social media app or ...
reuters.com/world/us/us-congress-moves-ahead-bill-push-tiktoks-chinese-owner-sell-2024-04-18/
Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
US elections: Conservative revolution expected if Trump wins: In a "PRO Global" series, the NZZ wants to show what consequences a second US presidency of Donald ...
nzz.ch/pro-global/falls-donald-trump-gewinnt-ist-die-weltordnung-bedroht-ld.1825041
IMF Says Growth’s Secret Sauce Is American Catch-Up: Data from its latest World Economic Outlook suggest that the more a country’s product and labor markets ...
bloomberg.com/opinion/articles/2024-04-18/imf-says-growth-s-secret-sauce-is-american-catch-up
Paid articlePaid Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
bloomberg.com/news/articles/2024-04-18/solar-groups-lobby-biden-to-head-off-sector-roiling-trade-case
Paid articlePaid China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth
Live Updates: Police Arresting Pro-Palestinian Protesters at Columbia: Officers began arresting students on Thursday, a day after university officials testified ...
nyti.ms/3Q7JC09
Quick Glance: Over 100 Pro-Palestinian Protesters Arrested at Columbia Campus
- Columbia President Shafik authorized the arrest of over 100 pro-Palestinian protesters on the campus.
- Protests were against Israel's actions in Gaza.
- Demonstrators violated school rules by holding unauthorized protests.
- Protests demanded a permanent ceasefire in Gaza and university divestment.
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
Shopper sparks outrage after 'paying $7 for a single apple:' 'What economy are we all f--king living in?'
nypost.com/2024/04/18/lifestyle/shopper-sparks-outrage-after-paying-7-for-a-single-apple/
Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Freedom Caucus on alert for possible moves against it by GOP leaders: The Floor Action Response Team, shorthanded as “FART,” aims to guard against an unannounced ...
politico.com/live-updates/2024/04/18/congress/hfc-on-alert-00153097
Behind the IMF's warning to Biden and Congress on deficit spending: The IMF is sounding the alarm about "large fiscal slippages" in the U.S and China.
axios.com/2024/04/19/imf-warning-biden-congress-deficit-spending
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
thehill.com/homenews/campaign/4601150-summers-trump-term-inflationary-spiral/
Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
bloomberg.com/news/articles/2024-04-18/ayala-s-acen-to-spend-15-billion-to-quadruple-power-capacity
Paid articlePaid EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-18/eu-to-discuss-paradigm-shift-at-competitiveness-summit
Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle
How every senator voted on the rejection of Mayorkas impeachment charges: The US Senate on Wednesday dismissed the two impeachment articles against Homeland ...
cnn.com/2024/04/17/politics/senators-vote-mayorkas-impeachment-dg/
Quick Glance: Senate's Decision on Impeachment Charges Against Mayorkas
- The Senate rejected the impeachment charges against Homeland Security Secretary Alejandro Mayorkas, halting the House Republicans' effort to impeach the Cabinet secretary over his management of the US-Mexico border.
- With Democrats contending that the articles were unconstitutional, senators voted to dismiss both impeachment charges and conclude the trial.
- Senate Republicans had called for a full impeachment trial after the House narrowly voted in February to impeach Mayorkas for his border actions.
- Republicans argued that President Joe Biden was ineffective at the border, while Democrats suggested accepting a bipartisan Senate compromise instead of impeaching Mayorkas to reduce illegal immigrants.
Former Wisconsin Democratic Rep. Peter Barca announces new bid for Congress: A Democrat who served one term representing southeast Wisconsin in Congress in the ...
apnews.com/article/peter-barca-bryan-steil-wisconsin-congress-8f51a9a0bf042976db32cccdbde661c9
House Republican cites threats and swatting of family as reasons for quitting: Mike Gallagher, a representative from Wisconsin, is stepping down on 19 April ...
theguardian.com/us-news/2024/apr/18/mike-gallagher-congress-quits-threats-swatting
Coming Congress vote could make or break Ukraine in war with Russia: Ukraine's reality on the ground is nothing short of harrowing, and war watchers say its fate ...
businessinsider.com/congress-vote-could-make-break-ukraine-in-war-with-russia-2024-4
US House on Track to Pass Israel, Ukraine Aid With Democrats' Help: Long-stalled aid to Ukraine, Israel and Taiwan is on track to pass Congress as House ...
bloomberg.com/news/articles/2024-04-18/ukraine-israel-aid-on-track-to-pass-as-democrats-back-plan
The Clown Show in Congress Could Doom More Than Ukraine: Even if the badly needed aid bill passes, it’s hard to know whether to laugh or cry at what Congress and ...
bloomberg.com/opinion/articles/2024-04-19/the-clown-show-in-congress-could-doom-more-than-ukraine
We have no plan B – Ukraine's Foreign Minister on new aid package for Ukraine in Congress
pravda.com.ua/eng/news/2024/04/18/7451908/
George Santos Owes His Favorite Restaurant $10,000—and Way More Elsewhere. He Told Me It’s Fine!
slate.com/news-and-politics/2024/04/santos-debt-long-island-avlon-goroff-congress-il-bacco-marjorie-taylor-greene.html
Biden urges Congress to pass Ukraine aid bill as Kyiv warns its defeat against Russia would lead to WW3
wionews.com/world/biden-urges-congress-to-pass-ukraine-aid-bill-as-kyiv-warns-its-defeat-against-russia-would-lead-to-ww3-712538
Democrats in US Congress pledge support for Speaker Johnson's Ukraine aid bill: Democrats in the United States House of Representatives are preparing to vote on ...
pravda.com.ua/eng/news/2024/04/18/7451899/
4 Takeaways from Today’s Hearing on Antisemitism at Columbia University: The closely watched hearing included several tense exchanges between members of Congress ...
nytimes.com/2024/04/17/nyregion/columbia-university-antisemitism-hearing-takeaways.html
Quick Glance: Columbia Leaders Questioned on Campus Antisemitism
- Columbia University leaders faced scrutiny from lawmakers regarding their actions against campus antisemitism.
- Congress members expressed disbelief over faculty members' statements and the university's response.
- University leaders expressed concern and promised changes to facilitate reporting incidents and enforcing rules.
- The hearing sparked debates on free speech, political context, and addressing antisemitism incidents in higher education.
Yes, in 2023 Congress passed the fewest number of bills since the Great Depression
jsonline.com/story/news/politics/politifactwisconsin/2024/04/17/in-2023-congress-passed-smallest-number-of-bills-since-great-depression/73341509007/
TikTok ban bill put on faster track through US Congress: Move to bundle divest-or-ban measure with foreign aid could compel Senate to act against Chinese-owned ...
ft.com/content/c980675b-65a4-4f64-ba5a-dd87fef4f39a
Congress Fast-Tracks TikTok Ban Legislation, Setting Up Possible Passage This Month
on.wsj.com/4biX4qv
Boeing whistleblower hearings in the Senate reveal the company’s problems were as bad as you thought
vox.com/money/2024/4/17/24133324/boeing-senate-hearings-whistleblower-sam-salehpour-congress
Columbia president avoids missteps of other elite colleges: Columbia University's president, Nemat "Minouche" Shafik, took a strong stance against antisemitism ...
businessinsider.com/columbia-president-avoids-missteps-of-other-elite-colleges-2024-4
Quick Glance: Three Insights from Columbia University President's Testimony on Antisemitism
- Shafik confirmed that Professor Massad is under investigation for discriminatory remarks and that there will be consequences for professors making antisemitic statements.
- President Shafik was more prepared than others on questions about antisemitism, confirming that chanting mobs make antisemitic comments.
- Several professors at Columbia University are under investigation for antisemitic remarks and behaviors, potentially facing consequences.
- Despite efforts to combat antisemitic threats, Shafik acknowledged that there is much more work to be done to balance free speech and ensuring safety for all students.
US Congress wants to allow seizure of Russian assets and make Biden expand sanctions
pravda.com.ua/eng/news/2024/04/18/7451762/
Who Is Pragya Misra, OpenAI's 1st Employee In India: Pragya Misra has served as the Director of Public Affairs for Truecaller, where she has collaborated ...
ndtv.com/india-news/who-is-pragya-misra-sam-altman-run-openais-1st-employee-in-india-5479033
Ukraine warns of WW3 ahead of long-stalled Congress aid vote: Denys Shmyhal expressed
saudigazette.com.sa/article/642187
Audio app Airchat probably isn't worth the hype: With big-time investors like OpenAI CEO Sam Altman, the app is being 'hyped in tech circles ...
mashable.com/article/airchat-audio-app-clubhouse
Countdown: The Bloomberg Close, Asia Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-18/countdown-the-bloomberg-close-asia-edition
Paid articlePaid Ukraine Ambassador to US reveals details of support for Ukraine to be considered by US Congress
pravda.com.ua/eng/news/2024/04/18/7451759/
Blinken, Ukraine FM stress urgency of Congress backing aid - World News: Secretary of State Antony Blinken stressed Thursday the "urgent" need for the ...
hurriyetdailynews.com/blinken-ukraine-fm-stress-urgency-of-congress-backing-aid-192617
Ukraine issues World War 3 warning ahead of long-stalled US Congress aid vote: Ukraine issues dire warning as US lawmakers prepare to vote on multi-billion ...
standard.co.uk/news/world/ukraine-world-war-3-congress-aid-vote-volodymyr-zelensky-russia-b1152248.html
I look forward to a real FBI inquiry soon - Guyana Chronicle: Burke’s first response was that following my social media post (FB) he (Burke) received death ...
guyanachronicle.com/2024/04/18/i-look-forward-to-a-real-fbi-inquiry-soon/
Congress to vote on Israel and Ukraine aid this weekend as Biden rallies Democrat support
thenationalnews.com/news/us/2024/04/17/congress-to-vote-on-israel-and-ukraine-aid-this-weekend-as-biden-rallies-democrat-support/
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
bloomberg.com/news/articles/2024-04-17/boe-governor-expects-sharp-drop-in-uk-inflation-next-month
Paid articlePaid It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
on.barrons.com/3JomNl6
Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
bloomberg.com/news/articles/2024-04-17/german-finance-chief-lectures-us-on-spending-at-washington-event
Paid articlePaid Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed
Paid articlePaid Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
Paid articlePaid Boeing in the spotlight as Congress calls a whistleblower to testify about defects in planes
apnews.com/article/boeing-whistleblowers-safety-senate-hearings-f8354ddddc6372e3337cd74b9ea264e3
Quick Glance: Boeing Whistleblower Calls for Grounding of All 787 Dreamliners
- Boeing quality engineer Sam Salehpour is urging the planemaker to ground all 787 Dreamliners worldwide, citing potential structural issues.
- Salehpour alleges that Boeing took shortcuts during the construction of the 787 and 777 jets, compromising aircraft safety.
- After raising internal concerns with Boeing, Salehpour claims he faced retaliation and witnessed unsafe assembly practices in another program.
- Boeing defends the 787 Dreamliner's quality, while the FAA investigates Salehpour's claims, emphasizing the importance of aircraft safety.
Swiss Parliament Rejects Joining Russia Sanctions Task Force: Switzerland’s parliament rejected a proposal for the government to join a US-led sanctions task ...
bloomberg.com/news/articles/2024-04-17/swiss-parliament-rejects-joining-russia-sanctions-task-force
Paid articlePaid Foreigner Investors Set to End Emerging Asia Stock-Buying Streak: Global funds are retreating from emerging markets in Asia, with a five-month buying spree of ...
bloomberg.com/news/articles/2024-04-17/foreigner-investors-set-to-end-emerging-asia-stock-buying-streak
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